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What Europe’s upcoming ban on unsold textiles means for fashion

Inside Retail

Earlier this year, the European Commission (EC) announced its 2030 vision for textiles, moving the goalposts once again when it comes to sustainable and circular solutions for fashion’s waste problem. It envisions that fast fashion will be out of fashion, and that economically profitable re-use and repair services will be widely available.

Fashion 245
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Unconventional luxury brand collaborations are everywhere. Here’s why

Inside Retail

This collaboration became a milestone in the luxury industry, showcasing the potential of unexpected partnerships between luxury brands and an unconventional partner seemingly at the opposite end of the design spectrum, a street wear brand. Business managers call this approach the luxury strategy.

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Analysis: Why does Shein continue to escape scrutiny?

Inside Retail

The Chinese fast fashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. Fast fashion, but slow deliveries. Inclusive fashion.

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China’s Shein lacks disclosures, made false statements about factories

Inside Retail

In Britain, companies over a certain size must prominently state on their websites the steps they are taking to combat forced labour as part of the country’s Modern Slavery Act 2015. Analysts have estimated the company’s valuation at $15 billion, with annual revenue of at least $5 billion. Low prices, lack of transparency.

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Why Amazon, Rent the Runway, Etsy are betting on resale

Inside Retail

Uniqueness is one of the most coveted elements of fashion for many style-conscious shoppers, and in a world drowning in new brands, buying vintage or resale is the best option to find something truly special. “To The Covid pandemic created a boom for the resale sector,” he said. Rent the Runway has a good chance of making this a success.

Fashion 246
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Key Strategies for Retailers to Push Sustainability Efforts

Independent Retailer

Over in the UK, Tesco has pledged to be carbon neutral by 2035, and since 2015, the retailer has managed to reduce scope 1 and 2 emissions by 52 percent. Zara, global fast fashion leader, now ships online orders in 100% recycled cardboard boxes manufactured from boxes previously used in-store.

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Frasers vs Next: How big are their growing retail empires?

Retail Gazette

As the pair continue to build their empires, Retail Gazette looks at what businesses the two groups own and their timeline of acquisitions. Former-JD Sports fashion brands Acquired: February 2023 At the start of the year JD Sports formally completed the divestment of non-core UK fashion brands to Frasers Group.

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